Football Association may be forced to bail out Wembley

Accounts filed at Companies House show England's national stadium was hit by massive pre-tax losses of £31.1 million last year, following its £53.3 million pre-tax loss in 2007.

The stadium, which is not expected to break even until 2014, could default on agreements with banks over its £326 million loans if season ticket renewals fall for Club Wembley seats.

[readon1 url="https://www.telegraph.co.uk/sport/football/news/6481487/Football-Association-may-be-forced-to-bail-out-Wembley.html"]Source: Telegraph.co.uk[/readon1]